Roosevelt University           1

ACCOUNTING (ACCT)ACCT 403 - INTRODUCTION TO ACCOUNTINGAccounting process and use of accounting information in businessdecisions. Topics include accounting equation, data accumulation,accounting cycle, financial reports, and basic accounting principles.Credits: 3Course Notes: May be required for entry to MSA/MSAF programs;,see your advisor. Not applicable for credit in the, College of Businessgraduate degree programs.

ACCT 405 - ACCOUNTING FOR EXECUTIVESFunctions of the modern executive including the duties, expectations, andresponsibilities. Topics from both financial and managerial accounting.Course materials are case oriented.Credits: 3Prerequisites: BADM 401 (may be taken concurrently)Course Notes: ACCT module of BADM 401./Internet required., Notapplicable for credit to the MSA.

ACCT 406 - ISSUES IN ASSET VALUATIONAccounting theory associated with asset valuation; focus on thebalance sheet. Topics include accounts receivable, depreciation, bonds,investments, and owners' equity.Credits: 3Prerequisites: BADM 401 (may be taken concurrently)Course Notes: or equivalent.Internet required. Acct 210 with grade of B, orhigher required.

ACCT 407 - ISSUES IN INCOME DETERMINATIONAccounting theory associated with income determination; focus onincome statement and cash flow statement. Topics include pensions,leases, revenue recognition, and earnings per share.Credits: 3Prerequisites: ACCT 406Course Notes: Acct 210 and 211 with a min grade of B. Internet required.

ACCT 414 - ADVANCED ACCOUNTINGAccounting theory for partnerships and fiduciaries, advanced corporateconcepts, investments, business combinations, branches, consolidatedfinancial statements, corporate reorganizations, installment sales, andconsignments.Credits: 3Prerequisites: ACCT 406

ACCT 433 - PROFESSIONAL PRACTICE OF AUDITINGAdvanced and intensive study of auditing theory including statementson auditing standards and other pronouncements of professionalorganizations. Audit sampling, computer use in audit process, andcontemporary professional issues. Emphasis on application of theory tospecific problems using the case study method.Credits: 3Prerequisites: ACCT 406

ACCT 442 - ADVANCED COST & MANAGERIAL ACCOUNTINGVariety of higher-level quantitative and other topics in cost accounting.Transfer pricing, measurement of managerial performance, direct costing,decision models, quantitative approaches to cost accounting, andstatistical analysis of costs and variances.Credits: 3Prerequisites: ACCT 406 and BADM 401 (may be taken concurrently)Course Notes: Acct 211 with min grade C required.

ACCT 447 - INTERNATIONAL ACCOUNTINGInternational standards for accounting, financial statement presentation,and auditing; accounting for importers, exporters, and multinationalcorporations. Foreign exchange rates and markets, controlled economyaccounting, social responsibility reporting, political bribery, political risk,inflation accounting, and international taxation.Credits: 3Prerequisites: ACCT 406

ACCT 450 - ACCOUNTING INFORMATION SYSTEMSTheory and operation of accounting information systems. Internalcontrol, information flow, computerized transaction processing,systems analysis and design, responsibility centers, and databaseimplementation.Credits: 3Course Notes: Internet required with ability to use Microsoft Office.

ACCT 454 - GOVERNMENTAL & NONPROFIT ACCOUNTINGAccounting and financial reporting principles of governmental andnonprofit organizations, fund accounting principles, budgetaryaccounting, and financial reporting practices.Credits: 3Prerequisites: ACCT 406

ACCT 456 - FEDERAL TAXATIONCurrent taxation issues of practical and professional interest; topicsof pending or proposed legislation. Selection depends on currentdevelopment in taxation and areas of faculty interest and specialization.May be repeated for credit with prior approval and different topics.Credits: 3Prerequisites: ACCT 405 or ACCT 406

ACCT 457 - ADVANCED FEDERAL INCOME TAX & RESEARCHTaxation of corporations, partnerships, and fiduciaries. Tax accounting,tax-free corporate reorganizations, exchanges and liquidations, capitalgains and losses, consolidated returns, personal holding companies,accumulated earnings tax, and S corporations. Tax research methodsthrough numerous library research assignments.Credits: 3Prerequisites: ACCT 456Course Notes: or instructor consent

ACCT 471 - FRAUD EXAMINATIONOverview of fraud theory and the prevention and detection of varioustypes of fraud. Topics include embezzlement, asset misappropriation,and corruption.Credits: 3Course Notes: 3 sh Accounting and 3sh Information Systems, orcomputer courses.

ACCT 473 - FINANCIAL STATEMENTS AND FRAUDFrauds that appear in financial statements; emphasis on detection andprevention of frauds. Study of specific corporations where fraud has beenfound in the financial statements.Credits: 3Course Notes: 3 sh Accounting and 3 sh in Information Systems of,computer courses.

ACCT 474 - ANTI-MONEY LAUNDERINGThe course includes the study of the methods to detect and preventmoney laundering. Among the topics covered in the course are thehistory of money laundering, the laws, domestic and international,including the Third European Directive, the agencies established to assistin the fight against money laundering and the related information sharingefforts.Credits: 3

2        ACCOUNTING (ACCT)

ACCT 475 - COMPUTER FORENSICS & AUDITINGComputer fraud is pervasive in society and the business world today.Study of specific cases where computer fraud has occurred; focus on ITauditing and computer forensics.Credits: 3Course Notes: Ability to download, install, and use basic computer,applications software is assumed.

ACCT 477 - TOPICS IN BUSINESS FORENSICSCourse will include coverage of Benford's law and the study of corporatefraud. In the study of corporate fraud we will study the schemes alongwith control procedures, tests, checklists, questionnaires and auditprograms that relate to the schemes.Credits: 3Prerequisites: ACCT 406Course Notes: 3 sh Accounting and 3 sh of Information Systems, orcomputer courses.

ACCT 491 - ACCOUNTING RESEARCH & ANALYSISAs the Capstone course for the MSA program, topics covered willbe changing to ensure that students receive information on currentchanges as they occur in the accounting world. Possible topics coveredmay include XBRL, standards, and regulations. Two simulations willbe performed: one will be a group simulation and the second willbe an individual simulation. The purpose of the simulations is toprovide students with the ability to make decisions, and to deal withthe outcomes of those decisions when the results are not what wasexpected.Credits: 3Prerequisites: ACCT 406 and ACCT 407

ACCT 492 - PROFESSIONAL ACCOUNTING INTERNSHIPA supervised professional learning experience at a business or non-profit site. Must be arranged with internship coordinator and/or programdirector. Maximum of 3 credit hours can be applied to graduate businessprogram.Credits: 1-3Course Notes: Internship requirements vary by assignment, consentis, required by the Internship Coordinator, George Seyk, at gseyk@roosevelt.edu

ACCT 493 - SEMINAR: THEORY & CASES FINANCIAL MANAGMENTAdvanced course in corporate finance. Topics include capital budgeting,capital structure, management of working capital, and special topicschosen by the instructor.Credits: 3Prerequisites: ACCT 406Course Notes: or instructor permission.

ACCT 495 - INDEPENDENT STUDYCredits: 1-6Course Notes: Consent